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Organizations Community Improvement & Capacity Building The Community Preservation Corporation

The Community Preservation Corporation

Fiscal year ending 2020. Filed on April 14, 2021.

220 East 42nd Street 16th Floor
New York, New York 10017

The Community Preservation Corporation (EIN: 13-2792409) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2020 IRS Form 990 filing, The Community Preservation Corporation, a 501(c)(3) charitable organization, reported compensation for 60 out of 178 total employees. Among the employees shown here, the average compensation is $269,516. The highest compensated employee at The Community Preservation Corporation is Rafael E Cestero with fiscal year 2020 compensation of $1,252,467.

Revenue, expenses, and employee compensation

Revenue

$215,858,879

Expenses

$71,235,484

Employee compensation

$28,981,795
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rafael E Cestero
President and Chief Executive Officer and Director
$1,252,467
$979,993 $207,877 $64,597
Sarah J Singman
EXEC Vice President and COO
$612,493
$544,366 No related comp$68,127
David Rothberg
EXEC Vice President and CFO
$544,980
$450,624 $27,598 $66,758
Richard A Kumro
Executive Vice President, GENL Counsel, SECY
$491,361
$324,395 $115,463 $51,503
Carolyn Au
EXEC Vice President and COO
$486,723
$426,808 No related comp$59,915
Thomas P McGrath
Senior Vice President
$443,573
$389,406 No related comp$54,167
William C Russo IV
Senior Vice President
$404,769
$365,636 No related comp$39,133
Elizabeth Propp
Senior Vice President
$397,058
$302,869 $48,283 $45,906
Robert L Riggs
Senior Vice President
$396,341
$332,591 No related comp$63,750
Jeffrey B Ely
Senior Vice President
$373,807
$317,287 $3,039 $53,481
Wanda Chin
Senior Vice President
$365,425
$307,114 No related comp$58,311
Michael A Skrebutenas
Senior Vice President
$359,134
$299,934 No related comp$59,200

Benchmark Employee Compensation

Non-Employee Board Members

Alan Wiener
Director
Anders Tomson
Director
Bruce A Beal
Director
Carol M Joseph
Director
Eduardo Diaz-Perez
Director
Gary Rodney
Director
Ingrid Gould Ellen
Director
Manuel Menendez Jr
Director
Michael Hegarty
Director
Richard Roberts
Director
Steven J Weiss
Director
Todd A Gomez
Director

Contractors

Ibm Corporation
Information Technology
$868,063
Wpg Consulting LLC
Information Technology
$481,800
Mccracken Financial Solutions Corp.
Information Technology
$420,366
Cohn Reznick LLP
Accounting
$292,000
Crawford Advertising Associates Ltd.
Advertising
$243,041

Mission Statement

TO COMBAT COMMUNITY DETERIORATION, PROMOTE THE GENERAL WELFARE, AND LESSEN THE BURDENS OF GOVERNMENT BY PROVIDING DEBT AND/OR EQUITY FINANCING FOR LOW & MODERATE INCOME HOUSING.

Revisions to this organization profile

May 7, 2024:
2023 The Community Preservation Corporation 990 filed
May 4, 2023:
2022 The Community Preservation Corporation 990 filed
May 4, 2022:
2021 The Community Preservation Corporation 990 filed

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